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Short-term acute care hospital · Ontonagon, Michigan · 38 beds · CMS certification number 230219

Ontonagon Memorial Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 31, 2000, settled, stamped by CMS October 2, 2002. Four years on file, every one shown below.

Fiscal 2000 at a glance

Net patient revenue
$7.7M
$7,715,396 · G-3 line 3
Operating expenses
$7.4M
$7,431,504 · G-3 line 4
Result from patient care
$284K
$283,892 · G-3 line 5
Margin on patient care
3.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $7.5M in its first year on file (1997) to $7.7M in 2000.
  • Its result from patient care: −$531K (1998), −$253K (1999), $284K (2000).
  • None of the 5 short-term acute care hospital peers below with a margin on file reports a gain on patient care for fiscal year 2000.

Every statement is drawn from figures on this page; nothing is estimated.

Four years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
settled
$7.5M
$7.8M
1998
settled
$6.9M
$7.4M
1999
reopened
$6.3M
$6.6M
2000
settled
$7.7M
$7.4M

Beside its peers

Short-term acute care hospitals in Michigan with 25 to 49 beds, each on fiscal year 2000.

HospitalBedsNet patient revenueOperating expensesMargin
Ontonagon Memorial Hospital38$7,715,396$7,431,5043.7%
Corewell Health Watervliet Hospital, Watervliet36$19,858,724$20,526,096−3.4%
Community Memorial Hospital, Cheboygan42$25,451,386$25,644,262−0.8%
Keweenaw Memorial Medical Center, Laurium41$18,768,841$18,820,049−0.3%
McKenzie Memorial Hospital, Sandusky37$10,437,224$11,941,714−14.4%
Three Rivers Health, Three Rivers40$24,964,974$25,588,151−2.5%

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Figures: CMS Healthcare Cost Report Information System, file HOSPFY1999.ZIP, form CMS-2552-96, filed under CMS certification number 230219.

How this page was built: the CMS Medicare cost report, file HOSPFY1999.ZIP, read October 2, 2002.